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20131210
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-style enhancements for those not rich. >> but the bottom line is that when you have a slow economy like we had in the 70s, the rich very often get richer but the poor get poorer. that didn't happen during the reagan era, did it? >> no, it didn't. look, it's not just the obama administration's fault. it's the bush administration's fault. the cheap dollar policy creates financial bubbles. who can take advantage of financial bubble? the rich. the poor always have to sell out at the bottom. number one. number two, the regulatory creep that occurred under bush and has accelerated under obama has made it very difficult to expand in areas where you typically find high wage blue collar jobs, in transportation, energy extraction and so on. i hope rick will be pleased to hear that i'm not blaming this entirely on president obama. >> well, on the other hand, mike, president obama's solution to all this and they're saying it in europe, the imf is saying it, is to have this global wealth tax, to tax the rich more, to bring the rich down, that will help income disparity. what do you think of that plan? >> a
can do the trick. it came in the face of an employment report that was uplifting. the economy cranking out 203,000 jobs last month and the jobless rate dropping to to 7%, lower tn anyone could remember in five years. it might not be a fluke because consumers are feeling it, too. back to why this is all so weird. normally investors sell off on good news like this because it would signal the federal reserve starts helping them out and starts tapering the 85 billion bucks a month it's been flowing their way to keep interest rates low. a lot more on weather stocks stay high, but first, to mother nature, anything but hot. because fox is on top of a massive ice storm not letting up. icy cold temperatures ripping across a huge part of the country today. the wind chill in montana, minus 46. not much better throughout the midwest, and this arctic blast is expected to stick around for a while. no matter where you live you're likely to be hit and we're all over it with casey stiegel on the mess that is getting messier. scott in arkansas, where things are not much better. joe, on why we could all
in the world and compete in the world and also we're now in a global economy competing for skills. that we need to be making progress on the start rather than going behind. i think what also has people nervous is that this comes despite many years now of the united states being focused on this question no child left behind, other pieces of legislation. common core debate. state efforts to improve things. and we're not making progress. >> no noticeable improvement. >> rankings in education seem to have very little to do with the success of individuals in later life. much less the success of the economy. there's this false equation that countries with great educational systems are going to have innovative dynamic economies. is that true of japan? of course it's not. is that true of finland? it's not there either. their one champion corporation is nokia. it's good half as many people as belgium. that's what makes a lot of these comparisons ridiculous. >> we should ignore them? >> yes, because they basically tell you nothing except to invest a lot of money in education and that's what we do here in
and the economy. the data now raising concerns over what can still be accomplished in his next few years as president. joining us now is our political panel angela mcgrewen, fox knew political analyst, and ronow molono. the president used to enjoy euphoric ratings. now his approval rating is abysmal on all kinds of issues. so ways happening overall? why is this happening? what kind of take do you look at this -- what prism do you look at this through, angela? >> the bottom line is this. are you better off today than you were four years ago? most americans that elected this president yet again, now they're having buyers remorse, because most americans are not better off. if you look at the unemployment rate at 7% but for the black community, last check, it was 13%. the hispanic community has not lowered that much and for women and young adults, if you have a college degree, kelly, most people don't have a job today, so people are looking at this situation and though the president is a great orator, a great politician, motivational speeches do not make a more prosperous america. >> when yo
the economy. they should have tried to fix the economy. instead they focused time on a broken program by pulling in conservative concepts into a health care plan. >> that's -- >> oh. >> that's the reality. the main fundamental promises. keeping your plan, your doctor, saving $2500 per family per year, not true. you may trust him but you are one of five people in the country that believe him. >> you know me. >> i totally agree. there was over simplification. >> why are you having a hard time admitting it's not true? >> just the individual market there are ebbs and flows. that's natural. not everyone can keep their plan. >> they knew, read the november 2 edition of the wall street journal. they were debating in jewel of 2010 whether to tell the truth. they decided against it. here you are. he could have said it better. could have done this. they knew from the beginning. it was over simplification. absolutely true. >> they crafted the talking points to be that way. don't lie, emily. >> emily? >> i'm not going to agree. >> that's the truth. they knew it was going to happen. they didn't wa
emergency jobless benefits. this, after friday's strong jobs report showing the economy added 203,000 jobs last month, sending the unemployment rate down to a five-year low of 7%. rick tyler, senior vice president of the strategy group and former spokesman for former house speaker newt gingrich. ellen ratner, talk radio news service bureau chief and fox news contributor. here now to talk about this. good to see both of you. >> thank you. >> good to be here. >> of course, more people working is always good news. do you think we need more placement, though, in jobs that are paying more than minimal wage or are more stable than part-time jobs? if so, how do we get there? >> we certainly do. part of the way we can get there is by developing more infrastructure projects because our infrastructure is crumbling in some places. certainly know the bridges and roads are doing it. jim pinkerton talks about this project he's got going. there are ways we can get these higher-paying jobs. every time there are people who make more money, they put more money into the economy. so that also stimulates the e
into the nation's economy when you divided it out, it was about $400,000 per child. the problem with a government stimulus is you pick the winners and loser rs. with this stimulus i'm talking about, a free market stimulus, you simply leave the money in the hands of those who have earned it, so the customers have pickeded out the successful people. those people get more money. like i met a young man, young african man who has his own restaurant. his first question is do you have any tax breaks for me for my business. that's what what would do. help people in business and trying. >> but i don't have to tell you senator, republicans have a steep hill to climb in inner city neighborhoods. in detroit in november, 97% of detroit voters supported president obama. 2% voted for rom thi. the black unemployment rate nationally is still 12.5% and right now, president obama is calling out the gop for what he says is your party to extend long-term unemployment benefits. take a look at what he says. >> for decades, congress has voted to offer relief to job seekers, including when the unemployment rate is lower
refuses to act, it won't just hurt families already struggling. it will actually harm our economy. unemployment insurance is one of the most effective ways there is to boost our economy. >> well, our business panelists here to debate what we lose and what we gain if those benefits end. make your way over here, biz whizzes. >>> time for a quick check of your headlines. watch out below. amazing video. sheets of ice raining down from the rooftops at an apartment complex in plano, texas. nobody was hurt. >>> new video of a mini van packed with kids, the new mexico state trooper canned for firing the shots appealing his dismissal. in a statement his attorney says every day police officers put themselves in danger to protect the public. the driver of the mini van had been stopped by another trooper for speeding. she fled twice after that officer tried to give her a ticket and arrest her. >>> in phoenix a gunman surrender after an hours long standoff with police at a hospital. the man was also armed with a knife. before police arrived he pulled the gun and barricaded himself in a bathroo
families more vulnerable to the anxiety of today's economy than a broken health care system. so we took up the fight because we believe in america nobody should have to worry about going broke because someone and their family got sick. we believe we are a better country than a country where we allow every day 14,000 americans to lose their health care coverage or wherever i year tens of thousands of americans die because they don't have health care. we felt we were better than that, that is why we took this on. [ applause ] >> and, that's what the government lost a little bit over the last couple of months and our focus rightly had to shift for its working 24/7 to fix the website healthcare.gov for the new marketplace. and today the website is working well for the vast majority of users. more pop up and when we do we'll fix those too. but what we also know is after just the first month, despite the problems in the rollout, about half a million people across the country are poised to gain health care january 1st, for the very first time, we know that. half a million people. [ applause ] >>
"happening now" ♪ ♪ jon: good morning on this wednesday. the president giving a speech on the economy today to talk of obamacare again. all part of a three-week pr blitz to convince americans to sign up and soon. hello, i am jon scott. jenna: i am jenna lee. the presidents common coming on the heels of the enrollment website 631 the website is trying to put the botched rollout behind it. getting that millions of enrollees getting the health care law work. the deadline to sign up for coverage next year is december 23. let's talk about with karl rove, a senior adviser and deputy chief of staff to president george bush. he is also a fox news contributor. that was part of her job when you are there to get the message out and get the programs in the public eye. can the president resell a program that has had such a difficult time? >> they had an enormously bad first impression and it is hard to convince people that this program isn't fundamentally flawed. there's a lot more bad news than there is good news. millions have lost their private insurance coverage and they are finding that when they g
employment rate hit a five-year low of 7%, an encouraging sign for the u.s. economy. the job creation news sent stocks soaring today, a rare sign. the dow added 199. the s&p 500 gained 20. the nasdaq finished ahead 29. for the week, the dow lost 0.4 of a percentage of a point. to break down the jobs report for us is melissa francis in new york. she's the most of "money with melissa francis" on the fox business network. the jobs number better than expected. still not robust, but pretty good? >> absolutely. it was better than expected. most economists were looking for less than 200,000 jobs, 203,000 is what came through. 7% unemployment. that is the 60th straight month we have seen employment over 7%. if you look at the average amount of money earned per hour, the number of hours worked per week, those ticked up slightly. and the participation rate is so important. last month it was at a 35-year low. it has ticked up, but just slightly. 63% of people out there consider themselves part of the workforce, either working or even looking for a job. that means that the rest of the population has g
's everyday reinvesting for your personal economy. if every u.s. home replaced one light bulb with a compact fluorescent bulb, the energy saved could light how many homes? 1 million? 2 million? 3 million? the answer is. 3 million homes. by 2030, investments in energy efficiency could help americans save $300 billion each year. take the energy quiz. energy lives here. i have a great fit with my dentures. i love kiwis. i've always had that issue with the seeds getting under my denture. super poligrip free -- it creates a seal of the dentures in my mouth. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out more food particles so you're more comfortable and confident while you eat. super poligrip free made the kiwi an enjoyable experience. [ arlie ] try zinc free super poligrip. >>> i'm harris faulkner. this is "the fox report." it is the bottom of the hour. if you're joining us, an american u.s. veteran jailed in north korea is finally home tonight. 85-year-old merrill newman says he tried and he's tired and rea
/3 in that pew survey believe americans view greater involvement in the global economy is a greater thing. meaning when america is a strong country it's better for the world. >> we have seen that throughout history. and when we see economies like china coming up it's important to have our own economy keep going. people like to complain about america, but when something happens in the world, the philippines, the typhoon there, when something happens in the world guess who is the first country to go, the united states military and the charities. we are divide as a country on political lines. republicans and democrats are split on how they see our influence in the world. the democrats believe the president has broken his promises. he said we would leave iraq, afghanistan and close guantanamo bay. republicans are saying don't be apologizing for guantanamo bay when you are on foreign tour. bill: what do you think the apology tour did to our view of ourselves in the world? >> when you have the president of the united states going over to other countries and telling countries that we are the one
, and that's hurting the economy, as well as the military authorization bill, the defense authorization bill that allows the military to get paid next year. these things have to get done fast, it is going to be very tough including avoiding a shutdown. jenna: sometimes you're known for procrastination, maybe a tougher deadline can help everyone -- i'm just going to be optimistic. >> nice place to start. [laughter] jenna: carl, thank you. jon: when americans hear the work schedule, no wonder congress has such a low approval rating. let's go to the extreme weather alert, a nasty winter storm causing big, big problems. after being pummeled with heavy snow and freezing winds, areas are digging in for a burst of very cold temperatures. the storm is on the move now and spelling icy trouble across the south. meteorologist maria molina is here with what we can expect today. maria? >> reporter: hi, jon, good to see you, and hello, jenna. we've been looking at some very cold current wind chill temperatures with some areas looking at a current wind chill at about threes below -- 40 degrees below zero a
the entire country. it will be good for our economy. >> but, as the unemployment rate is heading in the right direction, will this wage hike have jobs taking a hike? hi, everyone, this is "bulls and bears." let's get right to it. the bulls and bears. gary b. smith. tracy burns. john nas max ferris. along with bernard whitman. will pushing the minimum to the max push out jobs just as they're coming back? >> yes, absolutely, this is the wrong thing to do in an economy that's showing some signeds of recovery. remember, they're targeting the wrong people. this is a great union and democratic slogan to say, look at the ceo, how much he's making. you can't raise the minimum wage to $15 an hour? take mcdonald's nor example. they will tell you, they don't set the wages for the local franchises. these are your moms and pops. these are your neighbors out there. they can't afford -- they don't have huge margins to raise the wages to $15 an hour. remember, if you want to help poverty this isn't the way to do it. the earned income tax credit does it. take this out of politics. take this out of unions. rem
need to survive in the world and compete in the world and we're now in a global economy competing for skills, that we need to be making progress on this chart rather than go behind. what also has people nervous is this comes despite many years now of the united states being focused on this question, no child left behind, other pieces of legislation, common core debate, state efforts and we're not necessarily making huge progress. >> no noticeable improvement. >> but rankings have very little to do with the success of individuals in later life, much less the success of the economy. there's this false equation that companies with great educational systems, is that true of japan? absolutely not. take a country like -- >> fewer people than new york city. >> yes. >> it's got half as many people as belgium and that's why it makes it ridiculous, comparing them to a country of five million people -- >> so we should ignore them? >> yes, we should ignore them. we put more and more money into schools with really little to show for it. >> that's the opposite, in fact. because what's happened
of like the economy last time around. we'll see. thanks so much. bill: i have been hearing that line for 3 years. give me a break. fox news alert minutes away from an answer from spa bankrupt american. the motor city is struggling with $18 billion in debt. mike tobin is at the courthouse. what as expected today. good morning. judge steven road is expected to rule on two points. the first point is whether the city is insolvent. the second point is whether the city negotiated in good faith. that is a little more subjective. attorneys representing pensioners say they were in talks with the city. so we'll watch that. if the judge rules that the city is eligible to move forward with bankruptcy protection they move forward with what's called the plan of adjustment, the largest debt restructuring of a municipality in u.s. history. if the judge says the city is not eligible for bankruptcy, the city gets flooded with a new round of lawsuits from creditors and the motor city has one big problem. bill: what's the chance those people lose their retirement in this deal? >> reporter: that's the issue th
be a big win for the u.s. economy going forward. explain. >> we know the human toll. you heard the mayor bing talk about it. kevyn orr talked about it. no doubt. human beings lives are at stake and promises were made. but you have -- and dive just mentioned the previous guest, this unhoe live alliance where unions push politicians, who did them favors, making the unions stronger and able to push in the same policies. this beneficial cycle of power sharing that really helped to bankrupt not just detroit but a wheel lot of other places on the brink. these were very -- promises made over a long period of time, and if we were being honest about it, up -- people could see this coming for a long perfected of time but you had this powerful power structure, and this is what they -- >> talk about a human toll, a big toll on taxpayers. >> mayor bing said, you weigh the consequences and, yes, there's some part is going to come out hurt, and this particular caves it was the unions, but -- >> it's not the first time, right? in the case of the private companies -- we can go back to the days of steel a
're dealing with this horrible economy. also lands in the house of representatives where they understand nothing is getting done. the reason why we have a youth job crisis in this country is because there's been no jobs bill passed. i think the president -- >> -- trillion dollar stimulus shovel ready jobs bill in which even he admits, you know, there are no is up things as shovel ready jobs. how can you put the blame entirely on congress? isn't it the president? >> well, greg, think what we saw in the stimulus package from this president is he actually invested in america's future. he put teachers back to work. firefighters back to work. police officers back to work. a majority of those individuals are young people. young people understand that this law -- >> it was a payoff to the unions. you just listed a litany of unions who are paid off. >> you know that's not true. a lot of young teachers got a chance to go back in the classroom. >> i don't want to get off the subject here. brad, let me get back to it. here's how the new york post editorial has put this thing about millennials. amer
% approve. on the economy, a whopping 65% disapprove. 31% approve. and on immigration policy, 60% disapprove of the president's take, just 32% approve. so you can see the president is standing among americans is at its lowest point ever. the question now becomes can the republican party capitalize in the grand ole party still divided between so-called moderate republicans and committed conservatives. the brawl has been going on for years. and right now the tea party is right in the middle of it. according to real clear politics average, a possible presidential candidates. chris christie a moderate is ahead at 189 percent. conservative rand paul 17%. senator ted cruz 12%. florida senator marco rubio 12%. congressman paul ryan 11%. and jeb bush 10.5%: all these men have a chance to run against hillary clinton in 2016. mrs. clinton is far ahead of any democratic challenger and will remain so. with americans disenchanted by obama care and a bad economy, it would seem the republicans would have some momentum, but they don't. because there is not one clear message. and even on philosophy, politic
in our economy and it really, while it seems good, it actually does a disservice to the people you're trying to help. my customers can shop around-- see who does good work and compare costs. it doesn't usually work that way with health care. but with unitedhealthcare, i get information on quality rated doctors, treatment optis and estimates for how much i'll pay. that helps me, and my guys, make better decisions. i don't like guesses with my business, and definitely not with our health. innovations that work for you. that's health in numbers. unitedhealthcare. bill: fox news alert. it is 9:30 in new york. we're watching a story where a gunman barricaded himself inside of a hospital in arizona now surrendering. that man walked into phoenix baptist hospital, 2:00 in the morning pulled out a knife. police took the knife away, he pulled out a gun. locked himself in a room. surrendered a few hours later. luckily in phoenix no one hurt. heather: rand paul throwing cold water on president obama's suggestion of extending unemployment benefits. speaking on "fox news sunday" the republican s
care policy, 59% of americans disapprove. 37% approve. on the economy, a whopping 65% disapprove. 31% approve. and on immigration policy, 60% disapprove of the president's take, just 32% approve. so you can see the president is standing among americans is at its lowest point ever. the question now becomes can the republican party capitalize in the grand ole party still divided between so-called moderate republicans and committed conservatives. the brawl has been going on for years. and right now the tea party is right in the middle of it. according to real clear politics average, a possible presidential candidates. chris christie a moderate is ahead at 189 percent. conservative rand paul 17%. senator ted cruz 12%. florida senator marco rubio 12%. congressman paul ryan 11%. and jeb bush 10.5%: all these men have a chance to run against hillary clinton in 2016. mrs. clinton is far ahead of any democratic challenger and will remain so. with americans disenchanted by obama care and a bad economy, it would seem the republicans would have some momentum, but they don't. because there is no
result, the economy gets hurt, doctors become harder to see. mr. obama didn't address either of those things today and they are crucial in the debate. also, mr. obama did not address the falsehoods under which the affordable healthcare law was passed. but the new spin from his allies is this: >> all americans know politicians lie. the question is which lies can you live with? and time and time again americans have said we can deal with the lies that president obama tells us because we believe in his heart he has the best interest for the american people. >> so that's what the white house is selling that president obama wants what is best for the folks. and i believe that's true in theory, in theory. he does want what's best for the folks. the problem is his vision is running up against reality. the economy is being held back by his tax policies and by obama care mandates on business. there is no question about that that's not what's best. the medical industry in america will suffer from obamacare. it will be harder for working folks to see a doctor and healthcare costs will actually r
now is big government at work by the obama administration and we've seen an economy that is lackluster at best and we've seen a president that even today has been out there talking about how poorly the economy has performed under his watch. >> leader captor, nice to see you. >> thank you. >>> and some new information tonight that is going to rattle the president and it has to do with the young and the healthy, the ones that the president needs to fund obama care. do they like obama care? and do they still like the president? that's next. >>> this is a fact. obamacare needs young pe >>> this is a fact. obama care needs young people buying health insurance. but new information today from a harvard university survey is very grim news for the president. the weekly standard's john mccormick joins us. what's the report show about how young americans feel about bawl care and the president. >> young voters, people between 18 and 29 provided him with almost the entire margin of victory in 2008 and twi2012. now what we're seeing is only 41% of young voters back the president. that's the same as
that this is something that's so harmful to jobs to the economy and to the access of health care and quality of life. >> wish i had more time. we'll stay on it and watch closely. appreciate it. >> thank you. >> my next guest hacks into computer sites for a living. he's a white hat hacker. he says absolutely no security was built into the health care.gov website so your personal information may be at risk. so should you ever sign on? we'll get to it next. later -- >> a dangerous and growing inequality and lack of upward mobility that jeopardized middle class america's basic bargain that if you work hard you have a chance to get ahead. i believe this is the defining challenge of our time. >> class warfare is back. president obama attacking the success of hard-working americans. we'll explain what he wants to do now. plus he's out, done, finished. martin bashir offered his resignation after the despicable comments he made about governor sarah palin. we'll tell you what he said and what his reasoning is. plus senator rand paul, bob beckel and andrea tantaros on this busy night of news. hoo-hoo. hoo-hoo.
are not tone agers flipping burgers. is the better cure to improve the economy in general. you have to remember in the past 20 years or so. we hiked the minimum wage ten times federally. and since 1956 it was done five times. and we looked at businesses. i immediately looked at 15 year stock charts. i picked mcdonalds. and we look at stocks and how they perform. they inform people at minimum wages and both of their stocks hit all- time highs and that is since they were publicly traded since the 80s. and minimum wage hurts people. people say costs go up and the prices get more expensive. and the dollar menu goes away. and then the supporters. believe it or not costco was supportive of raising minimum wage but not to $15. >> it is a bug jump from $8 to faep. >> and especially for the small business. >> john boehner was talking about it this woke. he believes what? if you raise the unemployment minum wage. >> you get less jobs and fewer jobs, exactly. and that has been more of a conservative view point. but there are conservatives, and the state of new jersey run by chris christie and their state
our community and economy because the congressional budget office tells us that by making sure that we provide unemployment composition, we will help create another 200,000 jobs by this time next year. >> john boehner says he's hopeful ryan and murray will be able to come to a deal, but says there's no agreement at this point. here's boehner's take on the unemployment benefits matter. >> if the president has a plan for extending unemployment benefits, i'd surely sben tear ta takinging a look at it, but i would argue the president's real focus ought to be creating a better environment for our economy and creating more jobs for the american people. that's where the focus is. >> this comes as it's down to the wire. pressure is building on both sides to strike a deal in a hurry. >> thanks. >> so, a big story in the world of sports. one of the best players in the country, florida state's star quarterback will be on the field tomorrow for a championship game. this after the latest twist in a sexual assault case involving him. why the prosecutor did not go forward with charges. new informatio
this is the defining challenge of our time. making sure our economy works for every working american. that's why i ran for president. it was the center of last year's campaign. it drives everything i do in this office. >> so, how has the economy done since he's been in office? the top 1% incomes are up 31.4%. the bottom 99% grew only 4% between 2009 and 2012 it the top 1% earned 19.3 of all household income. in 2012, their largest share since 1977. we will have a raucous debate between bob and eric. i can feel it coming. >> and you now with that lead of yours. >> what is wrong with the top of that lead? >> that was a bunch of crap. because rich people got their tax breaks. until they finally got them put back in. when obama inherited the office, rich people were getting big tax breaks. >> you mean the tax breaks that b obama kept? >> yes. >> now they're not is what you're saying? >> yes, they took the tax breaks away. >> how do you explain the top 1% is outpassing by seven times what the lower 99 are making? >> here's exactly what obama -- >> believe it or not, president obama has actually widened the
the economy works for every working american. that's why i ran for president. it was the center of last year's campaign. it's everything i do in this office. >> so how has the economy done since he has been in office? the top 1% incomes are up 41.4%. the bottom 99% grew only 4% between 2009 and 2012. the top 1% irned 19.3 of all household incomes. their largest share since 1927. we're going to have a debate right here coming up between bob and eric. i can feel it coming. >> with that lead of yours. >> what was wrong with the top of that lead? >> that was a lot of crap. because the rich people got their tax breaks they finally got them put back in. rich people were getting big tax breaks. >> let me ask you this question. >> they're not is what you're trying to say? >> they took the tax breaks away. >> how do you explain the top 1% is outpacing by seven times -- >> how many years during obama's term did they have exactly what this is? >> believe it or not, president obama is wrong. he has widened the income gap but in a good way, bob. in a good way. one percentage going up 34% and 99% going up
you are having a great day. we are live now at the white house. earlier today he turned to the economy calling the growing income gap a defining challenge of our time. chief white house correspondent ed henry is with us. >> this is a president who has been struggling in dealing with the health care law. how does he do that. partly by rallying in this political base. before the liberal group center for american progress. that is another key part of his base. they helped elect him and get those young people out there talking about the health care law and talking about what you said he wanted to really stress at this economic speech which is what he calls the defining issue of our time. listen to this. >> if republicans have concrete plans that will actually reduce in equality and build the middle class let's hear them. i want to know what they are. if you don't think we should raise the minimum wage, let's hear your ideas. >> you hear the president there calling out republicans on the hill. he did that yesterday when he tried to reboot the health care law. he was doing the same here on t
and federal government helping the economy? we'll have no-spin analysis of the president's statement. ♪ >>> 'tis the season to be jolly, but not for some atheists. a huge billboard in new york city's times square attacking americans who believe, but why? >> sit down and shut up, you idiot, and let me answer the question, and if you don't like it, stop acting like an idiot. >> and "gq" magazine with christie. >> we are a family, so we're going to deal with this as a family. >>> caution, you are about to enter the no-spin zone. "the factor" begins right now. >>> hi. i'm bill o'reilly! thanks for watching us tonight. is the federal government hurting or helping working americans? that is the subject of this evening's talking points memo. even though there was good economic news today, which lou dobbs will analyze shortly, the key indicator of economic strength in america, wages, remains flat. this year, the average hourly wage in this country has increased by just 2%. many economists believe because there aae not enough jobs, workers have to take less pay. seems to make sense. preside
. >> or economic numbers which they could get some better ones this week possibly. >> they said the economy's supposed to grow, according to baron's. it was supposed to grow 1.7% -- >> or find another bin laden. >> this might change everything this is david fluff, is that his name, david fluff? >> close enough. >> on this week talking about when we expect obama care to work. i think this is a bright part of the rainbow, whatever that means. >> may take until 2017 when this president leaves office. you're going to see almost every state in this country running their exchanges and expanding medicaid. i think it will work really well then. >> there you go, 2017. that's right around the corner, kids. >> it's going to be awesome when he's out of office, that's what he's saying. >> if we just believe in the greater good, this will work out. >> just remember, it took medicare a good six or seven years before it got settled down to work. >> now it works. >> don't you think it does? >> no. >> you want to privatize it, don't you? >> i would like to. >> that's not what paul ryan says. >> let's not min
as much. what would that be? >> there's a lot of financial insecurity, and the economy is still not strong. so, people still have a lot of concerns about spending too much money, losing their jobs, having insurance to pay for. >> how much does that factor into things? the premium shock or whatever. we're told that it's actually affecting a minority of households but that's at lot of households. >> insurance costs a lot of money and a lot of aging people who are employed have cost sharing, so everything goes up, and if your salary isn't going up or you have some insecurity about whether you'll actually have a job, then you have to consider that when you're out shopping. >> how is this -- i've been covering retail sales for decades on the holiday season. all the same concerns. angst on the part of folks concerned about job security. that was raging even during the internet boom. so, i'm just wondering whether we get too much credence to the gloom and doom or is it different? >> i think people are concerned about their retirement, and there are jobs that are letting people go when they're in
, or were. >> or good economic numbers. >> they said the economy was supposed to grow according to barron's, supposed to grow 1.7% -- or 2.7%. >> or find another bin laden. >> david fluff talking about when obama was to find a bright part of the rainbow, whatever that means. >> you'll see almost every state in this country running their own exchanges. i think it will work really good then. >> there you go, 2017. >> right around the corner. >> right around the corner, kids. >> i thought they said it was working now? >> i love it. >> it's going to be awesome when he's out of office is what he's saying. >> if we stick with it. if we believe in the great good, this will work out. >> it took medicare six or seven years to get settled down to work. >> it works? >> of course it does. you don't think it does? >> no. >> you would like to privatize it. you and paul ryan. >> that's not what paul ryan says. >> that's not minimize what it is. i say let people keep more taxes and fund a program that isn't working and rife with fraud and -- >> $200 billion in vouchers -- >> what's wrong with re-examinin
have given this president so much power to control so much of our economy. i mean, one sixth of our economy. and the fact that he has failed, i think he has to be accountable for this. and -- >> well, mercedes, you're right. >> pr is not going to work for the president. >> mercedes, this is bad management, we have to hold the president accountable for what happened with that website. but that is not the whole story. the story is about trying to improve a health care problem. >> i am telling you, juan, mark my words, and i'll bet any amount for your charity of choice. you cannot fix this plan. it is unfixable. because it is predicated on the redistribution of wealth. the healthy will pay for the unhealthy and the insured. and you still have 30 million uninsured. >> did you tell president bush that about prescription drug benefits? >> yeah, i was against the prescription drug benefits -- >> and against social security, too? >> no, don't put words in my mouth. you're getting cranky, i see those gray hairs coming out. don't make fun of this gray hair, i worked hard for this. >> well, yo
economic growth and growing the economy and giving everyone a chance to go ahead. people don't want redistribution. but with the republican party offering very little his message resonates with the democratic base. >> if you don't think we should raise the minimum wage, let's hear your idea to increase people's earnings. you don't think of child should have access to preschool, tell us what you would do differently to give them a better shot. martha: increase the inmum wage and increase childhood education. >> he spoke as if he hadn't been president. he spoke as if he's on the outside of his own presidency. he has been president for five years. what we have seen in the speech and what we'll continue to see is more class warfare because this is who he is. he is a leftist and essentially a socialist. so he believes in waging the class warfare. when he talks about -- when he spoke about the american dream he has a warped leftist view of that dream. he believes the state should use its to force greater income he:quality. when government do that it's essentially called communism. the ame
-existing conditions as a discrete problem. you don't call for remaking one-sixth of the economy on the grounds of experts who think in washington that in 20,000 pages of regulation they will remake as complex an eco-system as american medicine. that was the wrong approach from the start. it's a principled position to say it won't work. it cannot work. let's do something else. >> charles krauthammer, great to see you. >> pleasure, thank you. >> up next, the gop campaign lessons on how to talk to women. is that necessary? >>> plus, a bus full of kids so out of control they had to call the cops. wait until you hear who got in trouble. >> [ bleep ] focus on what you're doing. what if you pushed the bus over or hit somebody. you think it's [ bleep ] funny? look at me like a man. you want to grow up to be a man? look at me like a [ bleep ] man. ♪ ♪ [ male announcer ] the mercedes-benz winter event s back, with the perfe vehicle that's just right for you, no matter which list you're on [ santa ] ho, ho, ho, ho! [ male announcer ] get the all-new 2014 cla250 starting at just $29,900. [ male announ
these numbers are proof the economy is getting better. critics warn low unemployment means the federal government may cut back on economic stimulus which could force the stock market to take a hit. chris wallace is live on capitol hill, celebrating a milestone. chris has been doing "fox knossos" for ten years. hart to believe. we have been stuck with you for ten years. >> i hope it's not stuck. we're going to have a little piece at the end of the show on sunday, taking a look bat at the highlights and lowlights of the last ten years. i'm sure you feel this, shep, with your show. just amazing over the course of a decade who you get to talk to, where you get to go. the adventures you go on, and i'm so grateful to have had the opportunity. >> tell me the lowlights. >> you probably know most of those as well. you'll see them. the good, the bad, and some surprises along the way. >> what do you make of this business on current topics? >> well, you mean in terms of the unemployment rate? >> yes. >> you're exactly right. it's great news. 7%. 203,000 jobs created. the latest upgraded numbers fo
to novate, create new technoloes and jobs... and strengthen the economy. america is the world's leader in wireless. free up linsed spectrum today, so wireless... let's keep it that way. can do more foamerica tomorrow. yeah... try new alka seltzer fruit chews. they work fast on heartburn and taste awesome. these are good. told ya! i'm feeling better already. [ male announcer ] new alka seltzer fruits chews. enjoy the relief! >>> we colcome back, everyone. a police chopper slams into the roof of a crowded pub. as the wreckage was removed today in glasgow, crews pulled out another body. >> trapped in the corner. there was the whole place -- there was no immediate way for us to get out. >> investigators say the pilot of the doomed chopper didn't make any emergency calls before that accident. >>> hhs secretary kathleen sebelius says the obama care site has dramatically improved. in an op-ed sebelius says the site is running faster and can handle more users. the website has been plagued with problems since it launched, of course, october 1st. all right. we were just talking about your thanks
is there r your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. medicare open enrollment. of year again. time to compare plans and costs. you don't have to make changes. buit never hurts to see if u can find bettoverage, save money, or both. and check out the preventive benefits you get after the health care la open enrollment ends december 7th. so now's the time. visit medicare.gov or call 1-800-medicare >>> well, an oakland man says that he is the latest victim of the knockout game. anthony lindsey was attacked while he was riding a transit bus. it is on the record as reported these violent knockout attacks like this have been happening around the country. people randomly sucker-punched as they walk down the street. and now, this man from oakland tells us why he thinks he's a knockout victim. >> it was clear that since h
, just leaving money in detroit is over a billion dollars that would stimulate detroit's economy. >> basically a flat tax but flat nonetheless. >> absolutely. flat and very low. we also look at regulations and try to get rid of the owner's regulations that's making it expensive for city government and for businesses to locate in detroit. we think if you combine all of this, that it would be the model for how you would rescue cities across the country but any impoverished area. we have impoverished areas in eastern kentucky. we think this same plan would rescue them and parts of louisville and other major cities. >> maybe the country while you're at it. we have had five years of spread the wealth. you didn't build that. share share economics. where has obama failed detroit? >> here's the problem. the president says let me tax houston, send it to washington, then i'll pass it out to some other part of the country. by doing so, he picks the winners and losers. he picks which businesses he thinks will succeed and then he gives them money. but too often this becomes sort of a kroeny c
. >> the president's healthcare law continues to wreak havoc on american families, small businesses, and our economy. >> you got good ideas? bring them to me. let's go. but, we're not repealing it as long as i'm president. >> so does the pr obamacare have any shot of working pat buchanon joins us. >> good to see you, greta. >> somebody is really wrong. republicans, democrats have very different views of this law. >> what the president did was make the best case he could. there are individuals who have dreadful problems and medical conditions who have already been helped and their bills have been paid that otherwise would have bankrupted them. that's one case he made antidote after antidote, after antidote maybe four or five of them. secondly he says the republicans simply want to repeal this. they don't have any plan of their own. in a narrow sense that's ineffective little argument. trouble is in a macrosense obamacare is a debacle from beginning to end not only the web sites but what's happening at the far end with the insurance companies, people losing their policies. i think is he going to lose
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